Dogecoin falls below support to $0.1226 as whales distribute 150 million DOGE
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Dogecoin fell by 3% due to year-end selling pressure, with its price dropping to $0.1226, breaking below a key support level. A whale wallet distributed 150 million DOGE, limiting the room for a rebound. The total open interest in futures exceeded $1.5 billion, indicating that futures traders are still holding positions.
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